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erik [133]
3 years ago
12

The government decides to increase its spending by $6 billion. Over time the real GDP increased by $9 billion. The expenditure m

ultiplier is ________ 1.5. Group of answer choices higher than two times lower than equal to
Business
1 answer:
Gekata [30.6K]3 years ago
7 0

Answer:

c. Equals to 1.5

Explanation:

Options are <em>"a. -lower than  b. -higher than  c. -equal to "</em>

Expenditure multiplier = Change in real GDP / Change in spending

Expenditure multiplier = 9/6

Expenditure multiplier = 1.5

Thus, the expenditure multiplier is equal to 1.5

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Explanation:

Information is a significant resource for any organization, and it must be utilized to realize positive changes and further benefit. To engage different team will help the organisation to discuss databases, reports, records, documents, budget summaries, methodology, arrangements and it also helps to understand what other team are doing to get better results and what other things should be done to achieve efficiency

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An industrial organizational psychologist

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5 0
3 years ago
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ZanzabumX [31]

Explanation:

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